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Senior Living Costs and Pricing Resources

Find information about the costs associated with independent living, assisted living, and memory care, with financial strategies for managing expenses.

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Understanding the Cost of Senior Living 

Concerned about costs? Compare senior living with home expenses using our Senior Living Cost Calculator.

Some people delay a move based on fears they can't afford a senior living community. But that's before they compare the costs.

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Financial Planning for Seniors

Making the Right Financial Choice for Senior Care

Compare independent living, assisted living, and memory care costs, and learn what it really costs to age in place at home so you can make a fully informed financial decision for your or your family member's future.

Understanding Senior Living Pricing

Get a clear financial picture of community living.

Making the move to senior living is a big decision, and understanding the associated costs can feel daunting, but you don't have to navigate it alone. Here, you'll find easy-to-use tools to help you get started. Resources covering financial planning, specific care costs, and average monthly costs for senior living will help you move forward.

Resources for Senior Living Pricing

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Guide

A Complete Guide to Financial Planning for Senior Living

Download your complete guide. Get expert advice on budgeting and securing your financial future.

Download the Guide
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Blog

How Care Type Impacts the Cost of Senior Living

Learn exactly how the level of care needed affects your monthly community costs.

See Cost by Care Type
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Blog

What Are the Average Monthly Costs for Senior Living?

See the typical monthly costs for senior communities in your area and beyond.

Explore Average Monthly Costs

Independent Living Costs

Explore pricing, services, and inclusions associated with independent living.

Independent living is an investment in your freedom. Costs typically cover essentials, such as utilities, maintenance, and scheduled transportation, and access to all social spaces and dining venues. The resources below provide transparency on the expenses associated with maintenance-free living, ensuring you can budget effectively. Explore these resources to understand the complete financial picture.

Resources on Independent Living Costs

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Guide

The Insider’s Guide to Understanding Independent Living Pricing

Get real-life answers for what to expect when it comes to the cost of an independent living community.

View the Guide
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Blog

What Does Independent Senior Living Cost?

Learn more about pricing. Explore the typical expenses and value of independent living.

See the Financial Breakdown

Assisted Living Costs

See all pricing, services, and inclusions associated with assisted living.

Assisted living costs cover both your residence and the personalized care services that a trained, compassionate staff provides. Because your monthly payment is based on the level of assistance you need for daily activities, such as bathing, dressing, and medication support, the cost is tailored exactly to your individual assessment. The resources below offer direct answers on budgeting for quality assisted care and provide clarity on how your monthly costs correspond to the necessary services you receive.

Resources on Assisted Living Costs

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Guide

The Insider’s Guide to Understanding Assisted Living Pricing

Uncover the true cost of assisted living. This guide breaks down pricing and helps you understand which factors go into monthly and yearly costs.

View the Guide
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Blog

How Much Does Senior Assisted Living Cost?

Find clear pricing information. See how much to budget for personalized assisted living services.

Plan Your Assisted Living Budget
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Assessment

Find the Right Level of Care

Understand your care needs by learning about ADLs and IADLs to discover the support that's right for you.

Start the Assessment

Memory Care Costs

Browse all pricing, services, and inclusions associated with memory care.

Memory care is the most specialized type of support, and its cost is a direct investment in your family member’s safety and well-being. The price reflects a secure environment with advanced safety features, simplified layouts, and a higher staff-to-resident ratio. These resources will help your family understand the specific factors that ensure this is the necessary level of support and comfort.

Resources on Memory Care Costs

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Guide

The Insider’s Guide to Understanding Memory Care Pricing

When it comes to memory care, one price doesn’t fit all. Download the guide now to get a clearer picture about what to expect when it comes to the cost of memory care.

View the Guide
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Blog

FAQs: Understanding Memory Care Pricing

Browse common questions. Get straightforward answers about memory care expenses.

Browse Memory Care Pricing FAQs
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Video

What Does Memory Care Cost?

Wondering what's included in the cost of memory care? This short video explains the key factors that determine pricing and the specialized services that are typically included.

The Cost of Aging in Place vs. Senior Living

Compare your full financial costs of staying home versus moving to senior living.

Many families assume aging at home is the most affordable option, but the true costs go far beyond the mortgage. When you consider the growing expense of hiring outside help, the total monthly cost can become unpredictable and overwhelming. Browse the resources here to conduct a thorough, side-by-side comparison of your total current expenses versus the value of a senior living community.

Resources for Comparing Costs

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Guide

The True Cost of Keeping Your Aging Parents at Home vs. Senior Care

Understand the hidden financial and emotional costs of aging in place at home.

Start Comparing the Costs
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Calculator

Understanding the Cost of Senior Living

Concerned about costs? Compare senior living with home expenses using our Senior Living Cost Calculator.

Calculate the Costs

Senior Living Financing

Explore unique financial strategies to help fund your move.

Once you understand the costs, the next step is creating a sustainable financial plan. This often include pensions, Social Security, insurance, and the proceeds from selling a current property. Review the resources here to gather ideas for funding and securing your or your family's long-term needs.

Resources on Senior Living Financing

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Guide

Senior Living Taxes: The Basics and Beyond

Understand the basics of deductibility for senior community expenses.

Download Your Tax Guide
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Blog

What Are the Different Ways to Pay for Senior Living?

Explore the full range of funding options available to comfortably cover the costs of community living.

How to Pay for Senior Living
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Blog

How Can I Afford the Cost of Senior Living?

Get practical strategies and financial planning tips to make community living work for your budget.

Weigh Your Financing Options

Senior Living Taxes

Learn how tax deductions can make senior living more affordable.

Navigating the financial side of senior living includes understanding key tax benefits that can help offset the expense. A significant advantage is the ability to deduct many costs for assisted living and memory care as medical expenses. While independent living costs are generally not deductible, any specific medical services received there can be. Explore the resources below for a more detailed look at these potential savings.

Resources on Senior Living Taxes

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Blog

Are Senior Living Expenses Tax Deductible?

Find out which specific senior living expenses qualify as medical deductions, including the key requirements for assisted living and memory care costs.

Explore Some Deductions
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Guide

Senior Living Taxes: The Basics and Beyond

Understand the basics of deductibility for senior community expenses.

Download Your Tax Guide
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Blog

Tax Season Strategies for Senior Living

Learn effective tax season strategies, including how to determine if your assisted living or memory care expenses qualify as deductible medical costs.

Learn the Strategies

Senior Living for Veterans

Discover senior living options and benefits for veterans.

Planning for senior living costs can be complicated, but for veterans and their families, there are unique resources and opportunities that can offset expenses. At Cedarhurst, we are committed to helping you understand exactly how these resources fit into your overall financial plan, ensuring your or your family member's dedicated service is honored with the highest level of support and care deserved.

Explore Related Resources

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Caregiving for Military Veterans

Learn key strategies for supporting veterans' emotional and mental health, understand PTSD triggers, and discover essential VA benefits and caregiver assistance programs.

Explore Caregiving for Veterans

Find a Community

Explore locations to view pricing, floor plans, and care options near you.

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Videos

Getting Financial Clarity to Begin Your Senior Living Search

Get clear pricing explanations that break down senior living pricing, compare the cost of care options, and help simplify your financial planning for the future.

Assessments

Make Informed Decisions for Your Financial Journey

Get a clearer picture of your financial options. Use our calculators and quizzes to compare senior living pricing structures and see which aligns best with your long-term goals.

Guides

Understanding the True Costs of Senior Living 

Become confident in your financial planning. Download guides that clearly break down senior living pricing, help you compare the cost of a community to aging in place at home, and navigate questions about senior living and taxes.

Testimonials

Hear from Residents and Their Families

Read stories of residents who successfully navigated their search and found peace of mind and the supportive senior community that was right for them.

Frequently Asked Questions

Financial Planning for Senior Living

Pricing for senior living varies based on several factors, including the type of care needed, the community's location, and amenities offered. For specific pricing details, the best way to get an accurate estimate is to contact a community directly for a personalized quote based on your needs and preferences.

To view starting rates for each of our care options and floor plans, find a community near you.

Independent living: In addition to your apartment, the monthly price for independent living communities typically includes access to all the programs, meals, services, and amenities a community has to offer. This means you can enjoy social gatherings, a full calendar of events and programs, and a wide array of amenities without the added costs. Independent living communities are not clinically assessed for care, so these rates do not include care services or medication management.

Independent living at Cedarhurst Cottages provides unique services and amenities based on residents' preferences. Pricing for Cedarhurst Cottages is available upon request.

Find a community near you to learn more.

Assisted living: In addition to accommodations, the monthly rental rate for assisted living at a Cedarhurst community generally includes housekeeping, laundry, meals, and apartment maintenance. It also grants access to a variety of educational events, fitness opportunities, social gatherings, and a full calendar of events and programs. The price for each individual can be adjusted based on the level of care and assistance with day-to-day needs and medication management that's needed.

Memory care: Memory care offers a single, all-inclusive monthly rate that covers accommodations and all specialized care and services for older adults with Alzheimer’s disease or other forms of dementia. This includes a higher staff-to-resident ratio, a secure environment, personalized care plans, assistance with daily needs and medication management, and specialized programs.

This all-inclusive approach continues until a resident's needs progress to a level that requires enhanced care. At that point, services are assessed, and any additional costs are added to the monthly rate.

Discover community services and amenities designed to support a life of choice.

Private pay: Most residents use private funds to pay for their monthly costs. This can include personal savings, income from a pension or Social Security, or the proceeds from selling a home.

Long-term care insurance: If you have a long-term care insurance plan, you may be able to use your benefits to offset some of the monthly costs. We recommend checking your policy and speaking with your agent or a Cedarhurst team member to understand the coverage.

VA benefits: Eligible veterans and their surviving spouses may be able to use VA benefits, such as the Veterans Aid and Attendance benefit, to help cover the costs of assisted living, memory care, or skilled nursing.

For more information about the costs of senior living, check out our article, "What Are the Average Monthly Costs for Senior Living?"

What happens if my care needs change?
Cedarhurst's communities are designed to provide flexible support. A care assessment is conducted to determine the ideal level of care for each person. As needs change, the care plan can be adjusted to ensure the right support is always in place. This includes assistance with daily tasks and medication management in assisted living and specialized Alzheimer's and dementia care in a memory care community.

Am I locked into a long-term contract?
No, Cedarhurst communities do not require a long-term contract. The monthly rental model offers flexibility. Additionally, the Cedarhurst Promise is a 60-day money-back guarantee, providing peace of mind as you settle in. 

Find a Community

Search pricing, floor plans, and care options near you.

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